Thanks to Allianz Travel Insurance for sponsoring this post, providing travel coverage for the unexpected. GypsyNester.com received financial compensation from Allianz Global Assistance (AGA Service Company).
How to Protect Your Travel Bucket List Investment
As our nests have emptied, a lot of us are seeing a world of new opportunities.
We are looking at this new-found freedom as a gift of time, the time to pursue old interests or discover new ones.
Along with our invigorated independence, we might also have some increased financial freedom as the costs of raising kids drift into the past.
In our case, we may have taken things to the extreme by selling everything, buying a beat up old motorhome on eBay, and setting out on an open-ended vagabond adventure. We certainly understand that such drastic measures are not for everyone — there’s not room for that much crazy in the world — but that longing for wanderlust is certainly not unusual.
Most of us baby boomers have the desire to see the world, explore new destinations, and discover what is over the horizon. Often we even have a list, and now that we have the time and resources, it is time to begin checking items off of it.
Usually the planning and funding for checking off an item entails a significant commitment of both the increased time and money that we just mentioned.
The time component can be fun and exciting as we while away hours imagining ourselves walking on the Great Wall of China, contemplating the ruins of Machu Picchu, frolicking among the animals of The Galapagos, or gliding along the canals of Venice, but the monetary investment can be a bit more daunting.
Let’s face it, these endeavors don’t come cheap. In fact, they are costing more and more every day. Just last month the Allianz Travel Insurance Vacation Confidence Index found that this year Americans will spend 11% more on vacations than they did last year.